Neuralinks “show and tell” event, which was to be held October 31st, has been pushed back a month to November 30th according to a new tweet by company founder Elon Musk. No further information on […]
In a Thursday note, Goldman Sachs said it believes the Biden administration’s plan to release more stocks from the Strategic Petroleum Reserve “as appropriate,” to try and drive oil prices down, poses only a small […]
Shares in Chinese companies crashed Monday morning as traders were spooked by the consolidation of power by President Xi Jinping. After a weeklong Party Congress, Xi was confirmed for a third presidential term on Saturday. […]
By Eric Peters, CIO of One River Asset Management “Investors are beginning to come to terms with the fact that many things they believed to be true are myths,” said Sasquatch, his already enormous market […]
In his preview of the week’s economic calendar, DB’s Jim Reid writes that maybe the most interesting data this week comes on Friday with the Q3 employment cost index (exp. at +1.2% vs. +1.3% last […]
Shares of Tesla are down about 7% in the pre-market session after the company cut the price of some of its cars in China, drumming up concerns about demand just days after Musk said the […]
By Michael Every of Rabobank Hu’s who and what’s what For some, today’s big news is former British PM BoJo dropping put of the Tory leadership contest, marking the coronation of former Chancellor Sunak as […]
Sunday night’s FX market open saw another ‘interventionesque‘ surge in the yen relative to the dollar as Friday’s 6 handle surge and purge rebounded. However, 12 hours later this latest attempt to manipulate markets has […]
By Jeran Wittenstein, Bloomberg reporter and analyst Once the key growth engines for the S&P 500 Index, megacap technology stocks are slated to enter this earnings season with diminished stature: profits are expected to fall […]
October 24, 2022 Data source: U.S. Energy Information Administration, Weekly Petroleum Status Report The U.S. Department of Energy (DOE) announced a notice of sale of as much as 15 million barrels of crude oil from […]
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